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Posts tagged ‘Production Solutions’

22
Oct

Executive Compensation at the American Lung Association (2021)

The American Lung Association is a tax-exempt, non-profit 501 (c) (3) that focuses on preventing lung disease and improving lung health by providing program services (education and advocacy to the public (research grants comprise about 13% of expenses).

There are 18 independent members (directors) of the governing body (board of directors); 12 of the 18 (67%) directors are male while 6 of the 18 (33%) are female (note:  gender identity is not reported on the Form 990; conclusions were made based on name and google searches). Read more »

29
Jan

Executive Compensation at the American Heart Association (2020)

The American Heart Association (AHA) is one of the most popular and recognized non-profits in the United States with enormous public support but over the past two years, revenue has declined 18% from $852 million in 2018 to $746 million in 2019 to $700 million in 2020.  That the AHA has nearly $900 million in their net fund balance is also noteworthy.

By most accounts, this organization is a magnet for public contributions and an expert at raising and saving money.  But, are they accomplishing their mission, which is to build healthier lives, free of cardiovascular disease and stroke (especially with hundreds of recipes on their website calling for eggs, dairy products, beef, poultry, pork – including bacon, a Type 1 carcinogen according to the World Health Organization, oil, sugar and white flour)? With heart disease the number one cause of death in the United States for decades, one has to wonder if all the contributions to the AHA are really helping to prevent and reverse heart disease? Read more »

28
Mar

Executive Compensation at the Special Olympics

Rarely is there a disagreement about the importance of funding the Special Olympics but yesterday, Betsy DeVos, the Education Secretary proposed cutting $17.6 million in government assistance to the organization next year, asserting that the non-profit is better supported by philanthropy.  Before anyone makes up their mind about this issue, they should know the financial facts about the organization, which include revenue, expenses, executive compensation, and the fund balance (which many refer to as the endowment) and ask if the Special Olympics needs the government contributions? Read more »